Property score
35.5
Below average
Overall 35.5 · Smaller than most nearby homes
630 sqft (bottom 9%) · Built in 1923 (11 yrs older than avg)
Located in a average-income area with median household income of ~60.4k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 parks, 2 place of worships, and 1 government office nearby
Living Area
Below average
34% smaller than neighborhood avg.
Taon ng Paggawa
Near average
11 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 3%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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35.5 is composed by the two sections below.
Property Score
Community Score
Chalmers
How to read: Share of sales in each ~$50k price band for “chalmers” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110896
$60K
Median household income
$65K
Average household income
18%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
35%
Single-person households
20%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
272 Larsen Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 490 m), 2 parks (nearest 221 m).
Chalmers · WPS public data · 2026
Annual incidents
67
2026
vs. city avg
+127%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
51%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 29% | Bottom 34% | Bottom 6% |
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Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview
This one-storey home on a 3,299 sqft lot at 272 Larsen Avenue presents a specific and straightforward opportunity. Built in 1923, its key characteristic is the notable difference between its generous lot size and its modest 630 sqft living area, which is significantly smaller than most area homes. The property features a detached garage and an unrenovated basement. Its appeal lies in its position as a land-value proposition in the Chalmers neighbourhood, with an assessed value that is very modest for the city. This home would suit a buyer looking for an affordable entry point into homeownership, an investor seeking a rental property with land potential, or a hands-on individual viewing it as a long-term renovation project starting with a blank, smaller canvas. It’s less suited for those needing immediate move-in condition or more spacious interiors without significant investment.
Frequently Asked Questions
1. Is this a small house or a teardown opportunity?
The data suggests it's a very small house on a decent-sized lot. With living area rankings in the bottom 10% for the street and area, the existing structure is modest. Its value is likely anchored in the land, making it a candidate for expansion or eventual redevelopment, subject to local zoning.
2. How does the assessed value compare to the last sale price?
The property was last sold in May 2020 for $17,100 and currently holds an assessed value of $18,300. This indicates stable, modest valuation in line with the home's scale, not the rapid appreciation seen in some market segments.
3. What does "below average" for city-wide living area really mean?
It means this home's interior size is smaller than roughly 99% of all homes city-wide. Buyers should be prepared for compact living quarters, which is a trade-off for the lot size and price point.
4. The lot size is listed as "above average" for the street. How significant is that?
The lot is in the top 18% on Larsen Avenue, about 50 sqft larger than the street average. This offers slightly more outdoor space than many immediate neighbours, which is a relative advantage for gardening, parking, or future plans.
5. What can nearby property assessments tell me?
The provided comparisons on Martin Avenue W show homes with similar age but larger living areas and higher assessed values. This reinforces that 272 Larsen Avenue is priced for its current smaller size and condition, not necessarily its location alone.
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